Michelin Development
Overview
Michelin Development is an economic development program by the Michelin Group that supports the economic regeneration of communities where Michelin has or had a presence by providing subsidized, unsecured loans and business expertise to small and medium-sized enterprises.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Ace Aquatec | Oct 2024 | Grant | Co-investor |
| Boyd Cycling | Mar 2016 | Debt | Co-investor |
| Poietis | Dec 2015 | Seed | Co-investor |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Michelin Development based?
Michelin Development is headquartered in Dundee, United Kingdom.
When was Michelin Development founded?
Michelin Development was founded in 2006.
How many portfolio companies does Michelin Development have?
Michelin Development has 3 portfolio companies in Caplight's dataset.
What are some companies in Michelin Development's portfolio?
Portfolio companies visible on Caplight include Ace Aquatec, Boyd Cycling, Poietis.
What was Michelin Development's most recent investment shown here?
Michelin Development's most recent investment in this portfolio sample was in Ace Aquatec in 2024.
What sectors does Michelin Development focus on?
Michelin Development focuses on Consumer & Commerce, Frontier & Industrial Tech, Healthcare & Life Sciences, Energy & Sustainability, Frontier & Industrial Tech, Frontier & Industrial Tech.
What company stages does Michelin Development focus on?
Michelin Development typically invests at the Early stage.